Wills and trusts serve a number of important purposes when you die. They allow you to designate how you wish your property to be distributed to your loved ones. In addition, they allow you to designate guardians for your children and who you wish to administer the distribution of your estate or act as a… Continue reading What Happens if I Die Without a Will?
Category: Family
Family Communication: Part of a successful estate plan
We all hope that the money we pass along to family and loved ones will bless their lives. We may hope the money will allow them to flourish and find meaningful work. Or, we may hope the money will allow them to grow their own financial success, perhaps allowing them to purchase a family home, seek… Continue reading Family Communication: Part of a successful estate plan
Trusts: A Common Estate Planning Tool
A trust is one of the common estate planning options individuals or couples choose. Trusts used in estate planning include revocable and irrevocable trusts created by agreement during the life of the trust settlor—i.e. the person who creates the trust. Revocable trusts (often called a “living trust” or “inter vivos trust”) are the most common… Continue reading Trusts: A Common Estate Planning Tool